Overview
- The Audiencia de Barcelona ruled that Mango’s 2022 creation of NFTs for its Fifth Avenue store launch exceeded the scope of its ownership of the original artworks
- Judges held that possessing physical paintings via Punto Na does not grant reproduction, transformation or public communication rights for digital assets
- Mango must destroy the infringing NFTs and compensate VEGAP with €750,000 for violating the artists’ patrimonial and moral rights
- The ruling overturns a 2024 mercantile court decision in Mango’s favor and the company plans to appeal to Spain’s Supreme Court
- Legal analysts view the verdict as a precedent underscoring the need for explicit artist consent before minting NFTs from physical art